How hospitals can cut capital project timelines by up to 25%
Capital dollars lose value the longer approved projects sit idle. Nearly 40% of healthcare organizations take more than 12 months to move a project from plan into execution, and many stall 9 to 10 months after approval, while emergency repairs routinely land at more than a 100% cost premium.
Some health systems have broken the pattern. One large Southeast system converted unused space into five surgical suites and brought them online nearly three months ahead of plan, accelerating time to revenue on capacity worth roughly $2 million per suite per month. A prominent Northern Ohio system managing about 100 projects a year moved off the traditional design-bid-build model and lowered costs, accelerated time to revenue and built a stronger contractor bench. Another system cut delivery times 22% to 25% after making the same shift.
This whitepaper details the delivery approach behind those gains.
Learnings include:
Some health systems have broken the pattern. One large Southeast system converted unused space into five surgical suites and brought them online nearly three months ahead of plan, accelerating time to revenue on capacity worth roughly $2 million per suite per month. A prominent Northern Ohio system managing about 100 projects a year moved off the traditional design-bid-build model and lowered costs, accelerated time to revenue and built a stronger contractor bench. Another system cut delivery times 22% to 25% after making the same shift.
This whitepaper details the delivery approach behind those gains.
Learnings include:
- How to close the post-approval gap and pull project starts forward
- Why design-bid-build stalls healthcare capital projects
- How up-front task pricing brings cost certainty earlier and supports audits
- How to reduce emergency work
Please fill out the form to download the whitepaper.